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news desk as well. >> sad news to report at this hour. former johnson & johnson chief executive james e. burke has died. he was 87. he spent 37 years at johnson & johnson and he is perhaps best remembered for guiding the company very successfully through the tylenol poisoning scandal in the early 1980s. as a result of that fortune magazine named him one of lift's ten greatest ceos, and he was awarded the presidential medal of freedom in the year 2000. he died at the age of 87. mike rowe here at a ford tell me fiona, who's having a big tire event? your ford dealer. who has 11 major brands to choose from? your ford dealer. who's offering a rebate? your ford dealer. who has the low price tire guarantee... affording peace of mind to anyone who might be in the market for a new set of tires? your ford dealer. i'm beginning to sense a pattern. buy four select tires, get a $60 rebate. use the ford service credit credit card, get $60 more. that's up to $120. where did you get that sweater vest? your ford dealer. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter tha
are gathering today. court knee caught up with jcpenney ceo ron johnson to get an update on the retailer. she joins us on the phone. >> just moments ago i wrapped up with speaking with ron johnson about how the business is is going in the middle of this big transformation. you know he's getting ready to speak in front of a group of investors and other retailers here in new york city. basically ron johnson said that what we can expect for holiday is that jcpenney style holiday. they will participate in black friday, but sticking with their fair and square plan. other than that, he wouldn't reveal the details but said november 1st we'll know much more about the holiday. interestingly for the first time since the announcement of the transformation, ron johnson also says today at 4:00 he'll be speaking with employees about those 400 jcpenney stores across the country that will not have shops. he said they will be changing the presentation and the product and will know a little more today. i believe we're the first ones to know that detail at this point. additionally, he does expect to grow sales
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